Chinese Mainland to Halt Some ECFA Tariff Concessions to Taiwan from June 2024
The Chinese mainland will halt some tariff concessions to Taiwan under the ECFA starting June 2024, responding to trade restrictions imposed by Taiwan’s DPP authorities.
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The Chinese mainland will halt some tariff concessions to Taiwan under the ECFA starting June 2024, responding to trade restrictions imposed by Taiwan’s DPP authorities.
The Chinese mainland will suspend tariff concessions on 134 items from the Taiwan region starting June 15, citing unaddressed trade restrictions by the Taiwan authorities.
Following Taiwan’s recent election, the Chinese mainland signals potential changes to ECFA tariff concessions amid concerns over unequal trade benefits and restrictions imposed by Taiwan authorities.
China has suspended tariff reductions on 12 chemical products from Taiwan under the ECFA, citing breaches of the agreement due to Taiwan’s trade restrictions.